'''Bank accounts''' used to hold all funds other than investments are three:
# A savings account at Wells Fargo bank which pays trivial interest;
# A checking account at Wells Fargo bank which pays no interest, and which has a debit card attached;
# A account with PayPal which pays no interest, but which is useful for online purchases and the receipt of payments.
The balance of the PayPal account is kept to about $500, unless a larger purchase is contemplated. The checking account is held to the amount felt necessary to cover checks and debits. The rest is placed in the savings account, and transfers Transfers between the three them are made as necessary to maintain each at the desired level.
'''Bookkeeping''' is done using [http://www.gnucash.org/ GnuCash], free and open source software which is available for both Windows and Linux operating systems.
'''Investment Funds''' are held in two accounts at Morgan Stanley, and presently include GNMAs, corporate bonds, a mutual fundfunds, and a cash account bearing trivial interest.
'''Reporting''' consists of monthly statements of income and expenses against the General Fund submitted to the Board, plus the balances of a few special funds, including the Investment Fund. At present, no balance sheets are offered at any frequency. One Consul has asked that these be prepared monthly, the other has vetoed this.
* An alternate proposal still under consideration is to use the 5% preferred value system. After prices of $1 through $9 dollars, all others are taken from the following list, with as many multiples of ten as needed: 10, 11, 12, 13, 15, 16, 18, 20, 22, 24, 27, 30, 33, 36, 39, 43, 47, 51, 56, 62, 68, 75, 82, and 91. In this system, prices after $100 would be $110, $120, $130, $150, etc. At present, this is only being used to price used books, but it may spread.
* Used books will use the above procedure (twice the incremental first-class postage) to set the minimum price at which they will be offeredsold, but initial pricing should be informed by market value.
The rest of this section is left for development by the officers listed above.